When there is a current account deficit, it is likely that
A) exports exceed imports for the country.
B) the country is an exporter of capital.
C) the capital account has a surplus.
D) the country has a budget surplus.
C
Economics
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The above figure shows a restaurant engaged in monopolistic competition with other restaurants. The equilibrium quantity at this restaurant is ________ meals per day
A) less than 150 B) between 151 and 250 C) between 251 and 350 D) between 451 and 450 E) more than 451
Economics
The highest tariff rates of the twentieth century in the United States arose as a result of which law?
A) the Robinson-Patman Act B) the Tariff of Abominations Act C) the Wheeler-Lea Act D) the Smoot-Hawley Act
Economics